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The Accounting Services Market Is Increasingly Adopting Blockchain Technology, Ensuring Greater Accuracy And Compliance As Per The Business Research Company’s Accounting Services Global Market Report 2022

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LONDON, May 26, 2022 (GLOBE NEWSWIRE) — According to The Business Research Company’s research report on the accounting services market, accounting firms are implementing blockchain technology for faster and more accurate audits, reconciliation, and compliance. Blockchain in accounting comprises a decentralized, distributed ledger or network, concerned with cryptocurrency transactions; records of information; recording and storing of assets, liabilities, transactions; ownership of assets; maintenance of ledgers with accurate financial information; and providing methods of recording cash flow and reconciling accounts. Accounting firms record transactions directly into a joint register, with an interlocking system using blockchain. This technology facilitates secure transactions, provides access to information in near-real-time, and creates transparent records of accounting data and other audit processes. For instance, accounting firms such as PwC (PricewaterhouseCoopers) announced the release of blockchain auditing services in 2018. KPMG launched a Digital Ledger Services program in 2016 to investigate blockchain applications and partnered with Microsoft to create Blockchain Nodes to identify new applications and use cases for blockchain technology. Ernst & Young and PWC accept bitcoin as a payment method and are moving towards blockchain research for accounting practices.

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The global accounting services market is expected to grow from $1.17 trillion in 2021 to $1.32 trillion in 2022 at a compound annual growth rate (CAGR) of 12.7%. The rise in the accounting services market growth rate is mainly due to companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2.01 trillion in 2026 at a CAGR of 11.1%.

The use of advanced technologies such as artificial intelligence to analyze and quickly identify irregularities in data is gaining popularity among accounting services industry trends. Auditors use artificial intelligence to spot suspicious activities or inaccuracies in accounting entries and transactions. Artificial intelligence uses rules created by humans to reason through issues and reach conclusions by identifying patterns from the huge data sets available. Artificial intelligence tools can be adjusted to figure out how accounting entries are being used to cover up irregularities like incorrect revenue recognition or deferred liabilities by businesses. Technology advances – Key technology trends impacting finance functions, per Thack Brown of SAP, include Hyperconnectivity, Super Computing, Cloud Computing, Smarter World, and Cyber Security, in addition to others, are driving finance and accounting transformation. For example, GL.ai is a tool developed by PricewaterhouseCoopers which helps the company identify anomalies in a business’s general ledger.

Major companies in the accounting services market include PwC, Ernst & Young, KPMG, Deloitte Touche Tohmatsu Limited, ADP LLC, BDO LLP, Paychex Inc., Grant Thornton LLP, RSM International, and H & R Block Inc.

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TBRC’s global accounting services market analysis is segmented by type into payroll services, tax preparation services, bookkeeping, financial auditing, other accounting services; by end use industry into IT services, manufacturing, financial services, construction, others; by service provider into large enterprise, small and medium enterprise.

North America was the largest region in the accounting services market in 2021. Western Europe was the second largest region in the accounting services market. The regions covered in the accounting services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Accounting Services Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provide accounting services market overviews, accounting services market analyze and forecast market size and growth for the whole market, accounting services market segments and geographies, accounting services market trends, accounting services market drivers, accounting services market restraints, accounting services market leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.

The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Interested to know more about The Business Research Company?

The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

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Legal Operations Leaders and General Counsels to Discuss Business-Critical Challenges at Legal Operations Exchange 2024

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LONDON, Sept. 30, 2024 /PRNewswire/ — The Legal Operations Exchange is set to return to the Hilton Syon Park in London for its third edition this 4-5 December. Bringing together 60 Legal Operations Leaders and General Counsels for two days of learning, discussion and networking, attendees will discover new solutions to their unique challenges and gain insight on effectively leveraging data and technology for efficiency gains and positioning the legal team at the heart of the organisation.

Given the progress in data analytics and generative AI solutions, the call to modernise and innovate in-house legal departments has never been more pressing. As the stewards of this shift to a more efficient and future-facing legal department, legal operations teams must both understand the legal technology landscape while also mastering the softer skills needed to implement and manage change successfully.
The Legal Operations Exchange has been designed to address the complexities of improving in-house legal operations from all angles. Confirmed attendees at this year’s event include Legal Operations Directors, General Counsels and Heads of Legal from top-tier organisations such as The Access Group, L’Oreal and Arla. All participants have been selected to attend this invitation-only gathering based on their active requirements to innovate their legal department’s operations.  
A hallmark of the Legal Operations Exchange is its one-to-one business meetings which allow decision-makers who have pre-identified their specific challenges and investment areas to meet with relevant solution providers. With analysis by the Legal Operations Exchange revealing risk management, contract review and analytics, and document automation and generation as the top investment priorities of attendees so far, these bespoke, pre-scheduled meetings provide a dedicated platform for solution providers to demonstrate their capabilities to those actively seeking new solutions.
With nearly 10 hours of time dedicated to organic networking and pre-scheduled business meetings over the course of the two days, the event provides the opportunity for end users and solution providers alike to form new and lasting relationships. One previous attendee from Red Bull commented that: “The Legal Operations Exchange event was an excellent opportunity for networking. Its size was perfect – not too large, so you didn’t feel lost in the crowd, and not too small, so there was a diverse group of professionals to connect with. I found it incredibly easy to engage in meaningful conversations and build connections.”
The Legal Operations Exchange’s world-class, cross-industry speaker faculty is comprised of leading figures in the legal operations world, including Silke Engel, Director of Legal, Legal Operations and Technology at Coca Cola Europacific Partners, and Niklas Rahlmeyer, Head of New Business, Legal Operations and Services at E.ON.
For Legal Operations professionals, General Counsels and solution providers, the Legal Operations Exchange provides an unparalleled opportunity to form meaningful connections and share best practices for enhancing legal operations in today’s complex landscape. To secure your place or for more information on sponsorship opportunities, contact the Legal Operations Exchange team at [email protected] or visit our website here.
Contact: Kazia [email protected] 

View original content:https://www.prnewswire.co.uk/news-releases/legal-operations-leaders-and-general-counsels-to-discuss-business-critical-challenges-at-legal-operations-exchange-2024-302262399.html

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Tyne and Wear Fire and Rescue Service U.K. to Deploy Motorola Solutions’ Cloud-Hosted Control Room Solution

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New response system helps streamlining workflows, strengthening resilience and improving safety for more than 1 million people in Northeast England
LONDON, Sept. 30, 2024 /PRNewswire/ — Tyne and Wear Fire and Rescue Service has announced that it is strengthening its emergency response capabilities through a cloud-hosted Control Room Solution (CRS) from Motorola Solutions (NYSE: MSI). This move will foster digitalisation, streamline workflows and offer the agency the ability to better scale operations in critical situations such as flooding and wildfires, which have increased in frequency in the U.K. in recent years.

“Our objective is to create one of the safest communities in the country,” said Phil Clark, Area Manager for mobilising and digital transformation at Tyne and Wear Fire and Rescue Service. “We are amongst the fastest responding fire and rescue services in the U.K. for dwelling fires with an average response time of 5 minutes 58 seconds.”
“We will continue to invest in new technologies and plan to offer other fire and rescue services the opportunity to join our newly created control room solution,” said Area Manager Clark. “In doing so, we’ll be able to seamlessly exchange information during joint operations, increase scalability to accommodate varying demand levels, and foster greater cooperation and faster responses in critical situations. Our relationship with Motorola Solutions will enable us to realise and deliver our operational vision, which will ultimately help to save lives and put Tyne and Wear Fire and Rescue Service at the forefront of Control Room technology in the U.K.”          
Every day, more than 1 million people rely on Tyne and Wear Fire and Rescue Service, who operate 17 community fire stations in Northeast England. Their responsibilities across the community include responding to primary and secondary fires, road traffic collisions, civil emergencies, water and structural rescues and delivering fire safety advice to residents and businesses.
The browser-based CRS enables staff to access the control room by securely logging on from any location to set up mobile command posts or provide remote support for incidents. The new platform will integrate Motorola Solutions’ CommandCentral Evidence software for storing and securely handling control room voice recordings, unifying critical communications and data in one platform, while also linking to the appropriate cases.
“Demand on the fire and rescue service has evolved over the years, and emergency services continue to respond to a wide range of complex incidents,” said Fergus Mayne, U.K. and Ireland country manager at Motorola Solutions. “Our cloud-hosted CRS solution benefits Tyne and Wear Fire and Rescue Service with an intuitive and unified response system that integrates all communications into one efficient and resilient work environment.”
About Motorola Solutions
Motorola Solutions is solving for safer. We build and connect technologies to help protect people, property and places. Our solutions enable the collaboration between public safety agencies and enterprises that’s critical for a proactive approach to safety and security. Learn more about how we’re solving for safer communities, safer schools, safer hospitals, safer businesses – safer everywhere – at www.motorolasolutions.com.
Tyne and Wear Fire and Rescue Service
Tyne and Wear Fire and Rescue Service leads the operational delivery of fire and rescue, including public protection, emergency prevention and resilience for the five local authority areas of Gateshead, Newcastle, North Tyneside, South Tyneside and Sunderland. 
The fire service operates from 17 community fire stations across Tyne and Wear, with our stations, employees and appliances strategically placed across the region to ensure efficient and effective response to fire and rescue emergencies. www.twfire.gov.uk 
Photo – https://mma.prnewswire.com/media/2517802/TWFRS_Control_Room.jpg
 

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Heimdal and emt Distribution Aim to Dominate the Middle East Cybersecurity Market

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COPENHAGEN, Denmark and DUBAI, UAE, Sept. 30, 2024 /PRNewswire/ — Heimdal and emt Distribution announce a strategic partnership that combines Heimdal’s advanced cybersecurity solutions with emt Distribution’s deep market expertise.

The collaboration will deliver sophisticated yet user friendly products to the Middle East. With Heimdal offering the widest cybersecurity stack in the world, and emt Distribution being the region’s leading distributor, the partnership is well-positioned for success.
Together, they are committed to educating the market on how strategic consolidation, training, and strong vendor relationships will maximize value.
Bringing a new dynamic to the market
Under this partnership, the two parties have promised to:
Roll out Heimdal’s Patch Management solution right away, as it’s a clear improvement over existing tools in the market.Provide local hosting in the United Arab Emirates by 2025, offering compliant, high-performance cloud services tailored to regional needs.Drive new technology adoption with pioneering tools, like the Threat Hunting and Action Center, along with emt Distribution’s market know-how.Offer easy-to-use technology, hands-on training, and show how a SOC can close security gaps while boosting profits.M Mobasseri, Co-Founder and CEO of emt Distribution META: “As we work closely with many cybersecurity experts and CISOs, we consistently encounter a range of challenges, particularly the complexity of managing numerous platforms. These platforms not only require specialized expertise but are also resource-intensive and costly.”
“Having known Heimdal for many years, I’ve witnessed their substantial investments in addressing these challenges and their development of a comprehensive cybersecurity platform that meets the critical needs of customers in the region.”
“Together with Heimdal, we are striving to integrate best-of-breed technologies into a unified platform, with plans for local hosting in 2025 to ensure compliance for businesses of all sizes. In addition, we are excited to announce special terms for our channel partners, aimed at maximizing their growth and profitability.”
Jesper Frederiksen, CEO of Heimdal, commented on the announcement: “Heimdal is pleased to announce a strategic partnership with emt Distribution, the leading security distributor in the Middle East. This collaboration comes in response to the rapidly growing demand for advanced cybersecurity solutions across the region.”
“By joining forces with emt Distribution, Heimdal aims to leverage their extensive network of resellers to provide cybersecurity solutions to organizations throughout the Middle East. Our joint initiative will focus on empowering organizations to significantly reduce their cyber risk exposure through Heimdal’s easy-to-use and cost-effective security solutions and emt Distribution’s unparalleled market reach.”, he added.
About emt Distribution META
emt Distribution META is a channel company with over 30 years of experience in security distribution, offering cyber threat mitigation solutions for Enterprises, SMBs, and MSPs. Committed to selling through channel partners, emt supports a large reseller base and provides technical support and professional services.
For more information, visit emt Distribution.
About Heimdal
Established in Copenhagen in 2014, Heimdal® empowers CISOs, security teams, and IT administrators to improve their security operations, reduce alert fatigue, and implement proactive measures through a unified command and control platform.
Heimdal’s award-winning cybersecurity solutions span the entire IT estate, addressing challenges from endpoint to network levels, including vulnerability management, privileged access, Zero Trust implementation, and ransomware prevention.
For more information, visit Heimdal.
For further press information:
Madalina PopoviciMedia Relations [email protected] 
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/heimdal-security/r/heimdal-and-emt-distribution-aim-to-dominate-the-middle-east-cybersecurity-market,c4044480
The following files are available for download:
https://mb.cision.com/Main/22623/4044480/3028629.pdf
Heimdal and emt Distribution Partnership – Press Release
https://news.cision.com/heimdal-security/i/heimdal-and-emt-distribution-partnership,c3338145
Heimdal and emt Distribution Partnership
 

View original content:https://www.prnewswire.co.uk/news-releases/heimdal-and-emt-distribution-aim-to-dominate-the-middle-east-cybersecurity-market-302262358.html

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